The global silicon on insulator (SOI) market was valued at US$962.476 million in 2019 and is expected to grow at a CAGR of 16.47% over the forecast period to reach US$2,402.061 million in 2025. The major factors driving the global silicon on insulator market growth include rising incorporation of 5G technology majorly in the developing economies of the globe. The growing internet penetration has been a major factor for the budding investments in the 5G technology which is anticipated to further augment the demand for new interface and component technologies, thereby positively impacting the demand for silicon on insulator (SOI). The burgeoning adoption of SOI wafers across the consumer electronics industry is also projected to be one of the important factors driving the market growth, as the adoption of smart appliances and connected appliances along with the investments in home automation, especially in the developed economies, is further widening up the opportunities for the market growth in the near future.
However, the availability of substitute technology is anticipated to hamper the market growth in the coming years. Furthermore, the recent advent of the novel coronavirus globally is also anticipated to be a major factor, specifically, in 2020 as various government measures has led to a temporary halt in the manufacturing activities of the various end-user industries such as automotive and consumer electronics.
Rising Incorporation of 5G technology is anticipated to be the prime driver for market growth.
The growing internet penetration coupled with rapid advancements in wireless technology is expected to propel the market growth during the coming years. The growing number of internet users globally is further leading to budding investments by the service providers for the development of faster and advanced services in order to meet the requirement of the users by providing better services and gain an advantage over other providers. For instance, in 2010 there were only 28.73% people across the globe were using the internet, and this number increased to 48.56% by 2017 (Source: The World Bank Group). A rising trend is expected to continue during the coming years, which will further snowball the demand for fast and high-speed internet. Budding investments for the deployment of 5G technology is further expected to drive the growth of the market during the next six years. Moreover, 5G is expected to operate on much higher frequencies which is further anticipated to the adoption of new interface and component technologies.
Also, numerous policies framed by the government of various countries for the production of numerous components for electronics and 5G components manufacturing is also driving the global silicon on insulator market growth throughout the forecast period. For instance, in March 2019, the French Government signed a strategic committee contract for the electronics industries sector and launched The Nano 2022 Industrial Development Programme. This is an initiative taken to boost the investment in the R&D and production of new generation electronic components, and 5G communications among others, and an investment of €5 billion is projected during the next 4 years.
Simultaneously, the participation of key market players in the form of R&D investments, product launches further shows the potential for the market to grow in the coming years. For example, in September 2017, GlobalFoundries announced its first RF SOI solution manufactured in 300mm wafers for its applications in 4G LTE and 5G applications, and the company also announced on February 2019 that this technology platform has delivered more than billion dollars of client design win revenue since the launch of this technology, which also shows the potential for the market to grow during the coming years.
RF-SOI market is projected to grow rapidly
By product, the silicon on insulator market is segmented as RF-SOI, PD-SOI, FD-SOI, power SOI, and others. The market for the RF-SOI is expected to surge over the forecast period owing to the increasing demand from the consumer electronics sector and the networking applications to enhance the capabilities of technologies such as mmWave and 5G among others.
The growing usage of silicon wafers in PD-SOI (Partially depleted) to support the fabrication and development of microprocessors, due to the rising usage in different electronics and semiconductor applications.
In addition, the FD-SOI segment is expected to hold a significant share over the forecast period owing to the burgeoning demand of advanced and enhanced devices from various end-user industries for catering to the various ultra-low-power applications such as FDSOI MOSFETS and multi-gate MOSFETS to aid in the development of electronics industry
Asia Pacific is estimated to hold a significant share in the market
By geography, the silicon on insulator market is segmented as North America, South America, Europe, Middle East and Africa, and Asia Pacific. Asia Pacific is estimated to hold a significant share of in 2019 and is anticipated to grow at a rapid pace as a result of rising investment in smartphone and telecommunication manufacturing in the region. Simultaneously, the growing focus by the government of the United States to promote domestic manufacturing is anticipated to push the market growth in the country while the European market is projected to grow at a steady pace during the forecast period.
The RF-SOI market in Asia Pacific is projected to grow at a rapid rate as major smartphone manufacturing starts incorporating 5G technology. In fact, Toshiba Electronic Device & Storage Corporation launched “TaRF11” in February 2020 – its latest generation of RF-SOI that has been specifically optimized for RF switches and low noise amplifiers in 5G mobile devices.
Segmentation:
By Wafer Size
By Technology
By Product
By End-User Industry
By Geography
However, the availability of substitute technology is anticipated to hamper the market growth in the coming years. Furthermore, the recent advent of the novel coronavirus globally is also anticipated to be a major factor, specifically, in 2020 as various government measures has led to a temporary halt in the manufacturing activities of the various end-user industries such as automotive and consumer electronics.
Rising Incorporation of 5G technology is anticipated to be the prime driver for market growth.
The growing internet penetration coupled with rapid advancements in wireless technology is expected to propel the market growth during the coming years. The growing number of internet users globally is further leading to budding investments by the service providers for the development of faster and advanced services in order to meet the requirement of the users by providing better services and gain an advantage over other providers. For instance, in 2010 there were only 28.73% people across the globe were using the internet, and this number increased to 48.56% by 2017 (Source: The World Bank Group). A rising trend is expected to continue during the coming years, which will further snowball the demand for fast and high-speed internet. Budding investments for the deployment of 5G technology is further expected to drive the growth of the market during the next six years. Moreover, 5G is expected to operate on much higher frequencies which is further anticipated to the adoption of new interface and component technologies.
Also, numerous policies framed by the government of various countries for the production of numerous components for electronics and 5G components manufacturing is also driving the global silicon on insulator market growth throughout the forecast period. For instance, in March 2019, the French Government signed a strategic committee contract for the electronics industries sector and launched The Nano 2022 Industrial Development Programme. This is an initiative taken to boost the investment in the R&D and production of new generation electronic components, and 5G communications among others, and an investment of €5 billion is projected during the next 4 years.
Simultaneously, the participation of key market players in the form of R&D investments, product launches further shows the potential for the market to grow in the coming years. For example, in September 2017, GlobalFoundries announced its first RF SOI solution manufactured in 300mm wafers for its applications in 4G LTE and 5G applications, and the company also announced on February 2019 that this technology platform has delivered more than billion dollars of client design win revenue since the launch of this technology, which also shows the potential for the market to grow during the coming years.
RF-SOI market is projected to grow rapidly
By product, the silicon on insulator market is segmented as RF-SOI, PD-SOI, FD-SOI, power SOI, and others. The market for the RF-SOI is expected to surge over the forecast period owing to the increasing demand from the consumer electronics sector and the networking applications to enhance the capabilities of technologies such as mmWave and 5G among others.
The growing usage of silicon wafers in PD-SOI (Partially depleted) to support the fabrication and development of microprocessors, due to the rising usage in different electronics and semiconductor applications.
In addition, the FD-SOI segment is expected to hold a significant share over the forecast period owing to the burgeoning demand of advanced and enhanced devices from various end-user industries for catering to the various ultra-low-power applications such as FDSOI MOSFETS and multi-gate MOSFETS to aid in the development of electronics industry
Asia Pacific is estimated to hold a significant share in the market
By geography, the silicon on insulator market is segmented as North America, South America, Europe, Middle East and Africa, and Asia Pacific. Asia Pacific is estimated to hold a significant share of in 2019 and is anticipated to grow at a rapid pace as a result of rising investment in smartphone and telecommunication manufacturing in the region. Simultaneously, the growing focus by the government of the United States to promote domestic manufacturing is anticipated to push the market growth in the country while the European market is projected to grow at a steady pace during the forecast period.
The RF-SOI market in Asia Pacific is projected to grow at a rapid rate as major smartphone manufacturing starts incorporating 5G technology. In fact, Toshiba Electronic Device & Storage Corporation launched “TaRF11” in February 2020 – its latest generation of RF-SOI that has been specifically optimized for RF switches and low noise amplifiers in 5G mobile devices.
Segmentation:
By Wafer Size
- Less than 200mm
- 200mm
- 300mm
By Technology
- Smart Cut
- Bonding
- Layer Transfer
By Product
- RF-SOI
- PD-SOI
- FD-SOI
- Power-SOI
- Others
By End-User Industry
- Consumer Electronics
- Automotive
- Telecommunication
- Military and Defense
- Others
By Geography
- North America
- USA
- Canada
- Mexico
- South America
- Brazil
- Argentina
- Others
- Europe
- Germany
- France
- UK
- Spain
- Others
- Middle East and Africa
- Israel
- Saudi Arabia
- Others
- Asia Pacific
- Japan
- China
- India
- South Korea
- Others
Table of Contents
1. INTRODUCTION
2. RESEARCH METHODOLOGY
3. EXECUTIVE SUMMARY
4. MARKET DYNAMICS
5. SILICON ON INSULATOR MARKET ANALYSIS, BY WAFER SIZE
6. SILICON ON INSULATOR MARKET ANALYSIS, BY TECHNOLOGY
7. SILICON ON INSULATOR MARKET ANALYSIS, BY PRODUCT
8. SILICON ON INSULATOR MARKET ANALYSIS, BY END-USER INDUSTRY
9. SILICON ON INSULATOR MARKET ANALYSIS, BY GEOGRAPHY
10. COMPETITIVE ENVIRONMENT AND ANALYSIS
11. COMPANY PROFILES
Companies Mentioned
- SOITEC
- GlobalWafers Co., Ltd.
- Sumco Corporation
- GlobalFoundries
- STMicroelectronics
- NXP Semiconductor
- Shin- Etsu Chemical Co., Ltd.
- Qorvo, Inc.
- Shanghai Simgui Technology Co., Ltd
Methodology
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